VOL. XLIII

No. 31

30-July-2000

ALGERIA

BHP Awards $574 Mn Contract For Ohanet Gas Development

Australias BHP Petroleum has awarded ABB and Petrofac International a $574m contract to design and construct a natural gas processing plant at Algerias Ohanet gasfield. BHP estimates the total cost of developing the Ohanet reserves at some $1bn, with production scheduled to begin in late 2003.

Geneva-based ABB is responsible for the engineering, procurement and construction (EPC) of the plant, which will...